I pointed out a while back that just one state of The United States of Europe was a larger exporter than the U.S. or China.
Also I pointed out that the pacific was the place to watch in terms of economic power.
There is a report today that indicates that China overtook Germany as the number one exporter.
Lest the record become too distorted, let us not forget that The United States of Europe is composed of 26 nations, Germany being only one of them.
Nevertheless, this shows that Europe was hurt more by the U.S. financial debacle than China was. The story here for us is that the U.S. remains third.
The conservative decade of Bush II with all its free market rhetoric and economic self righteousness brought us from first to third in a heart beat, relatively speaking.
The conservatives are incompetent at economy and governance. They talk like con men, being all neoCon and all. Mavericky and rogue is just another silly, stupid, and dangerous fantasy. Exporting war impoverishes the many while concentrating booty with a few families.
The other part of the story is that neither Europe nor China have been at war on two fronts for a decade. The U.S. has.
Why isn't war and bad economy linked together in the military media oil complex version of reality?